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US Policy on Dollarisation

A Political Analysis

Bibliographic Data

ID3948387
AuthorsB J Cohen, Barry Cohen (corresponding author)
Year2002
Volume7
Issue1
Pages63-84
Publication date2002-06-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueGeopolitics (JOURNAL)
Journal identifiersISSN: 1465-0045 • E-ISSN: 1557-3028
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/714000889
OpenAlexW2056477384
LanguageEN
Citations received5

Dollarisation has become a topic of intense debate throughout Latin America, raising the prospect of a vast new currency bloc in the western hemisphere - a potentially pivotal geopolitical event. What policy responses can be expected from the United States? An assessment of potential benefits and costs, both economic and political, suggests that there is no clear presumption regarding US interest, leaving wide latitude for policy discretion. Little change of Washington's current policy of passive neutrality can be expected in the foreseeable future. The only exception would be the possibility of a serious challenge to the dollar's global pre-eminence by Europe's new euro, which could trigger a competitive response from Washington

Currency · Discretion · Economic policy · Economics · Geopolitics · Liberian dollar · Macroeconomics · Political economy · Political science · Politics · Presumption · Us dollar · Economic Theory and Policy · Law · Finance

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Unique citing works5
Citations per year0,22
Citation span2003 - 2008 (6)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 5

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